Restructuring Capital Associates LP (Stamford)

Restructuring Capital Associates LP is a large advisory firm based in Stamford. It manages $740.57 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Connecticut.

Restructuring Capital Associates provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Restructuring Capital Associates: assets under management

The assets under management (AUM) of Restructuring Capital Associates LP is $740.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 479% since the beginning of its operation, and $161.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $740.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $370.28 million each.

Restructuring Capital Associates has custody of $740.57 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Restructuring Capital Associates LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Restructuring Capital Associates serves?

The only and largest group of clients of Restructuring Capital Associates is pooled investment vehicles with 2 clients and $740.57 million of assets under management. Among the 7 most similar advisory firms, Restructuring Capital Associates has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $740.57 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Restructuring Capital Associates also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Restructuring Capital Associates LP

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Donald Bennett	Limited partner	1 Mar 1989	75% - 100%	720943
Warren Mark Frank	Chief financial officer	1 Jul 1991	Other	4933113
James Donald Bennett	President and sole shareholder of bmc; president and majority shareholder of boic	1 Jul 1991	75% - 100%	720943
Bennett Capital Corporation	General partner of restructuring capital associates, l.p.	1 Apr 1994	Other	13-3762156
Warren Mark Frank	Chief financial officer	1 Jul 1996	Other	4933113
Diane Louise Matt	Chief compliance officer	1 Jul 2004	Other	4933106
John Vincent Koerber	Managing director	1 Dec 2004	Other	1067408
John Vincent Koerber	Co-portfolio manager of brf high value, l.p. and managing director of bmc	1 Jun 2006	Other	1067408
Lucy Kindred Galbraith	Co-portfolio manager of brf senior income, l.p. and vice president of bmc	1 Jun 2006	Other	2886546
Scott Vincent Donahue	Vice president of bmc, boic and bennett capital corporation (general partner of adviser)	1 Apr 2012	Other	1936016
Scott Vincent Beechert	Chief compliance officer	1 Jun 2014	Other	2033878

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
James Donald Bennett	President and sole shareholder of bennett capital corporation, general partner of adviser	1 Apr 1994	75% - 100%	720943

Based in Stamford

The principal office where Restructuring Capital Associates LP performs its advisory services is located at 2 Stamford Plz, Ste 1501, Stamford, CT 06901, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-353-3101 or by fax 203-353-3113. The normal business hours are 9:00 to 5:00 on Monday - Friday.